It’s an acquisition, baby! US-based financial platform Circle Internet Group, which issues the USDC stablecoin, is set to acquire Tazapay, a Singapore-based cross-border payment infrastructure firm in an all-stock deal for around $400M.
Not a new link-up. Circle was Tazapay’s lead investor in their Series B extension round.
- Oh, Tazapay was also an early design partner for Circle Payments Network starting in 2025.
🫱🏻More on the deal
The deal will grant Circle access to Tazapay’s licensed stablecoin payments infrastructure.
Tazapay’s infrastructure bridges Circle’s stablecoin network to various markets in local currency on local payment rails.
In short. Circle moves the $$$ on-chain, while Tazapay makes it possible to use these digital currencies in the real world across countries.
- With the acquisition, Circle will have access to Tazapay’s footprint in APAC, where demand for stablecoin-denominated payments is growing.
- Meanwhile, Tazapay expects wider coverage, more corridors, and transactions outside local banking hours.
💲More on Tazapay
Tazapay is licensed in Singapore, Canada, Australia, Hong Kong, and the United States, with pending applications in the EU and the UAE.
They have processed around $25B in annualized payment volume. Oh, they also work with over 60 banking and fintech partners and provide local payout coverage in over 100 markets.
- As of July 2026, 60% of Tazapay’s transactions were already settled in stablecoins.
⤵️Some more detail
The deal is expected to close in 2027, subject to closing conditions and regulatory approvals, including clearance from the Monetary Authority of Singapore.
- Tazapay will continue with the same brand and product, and customers can also enjoy contracts and services at the same pricing.
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